Answer:
Income Statement
Sales Revenue $ 402.000
Sales discounts -$ 7.830
Sales returns and allowances -$ 12.740
Net Revenue $ 381.430
Net Income -$ 22.779
Income attributable to controlling stockholders
Net Income -$ 22.779
Allocation to noncontrolling interest -$ 19.720
Income attributable to controlling stockholders -$ 62.219
Explanation:
Total Net revenue it's calculated with the Sales Revenue less Sales discounts and Returns and allowances.
Net Income it's calculated with the total Net Sales minus cost of goods sold, Expenses, Interest and Taxes for a determinated period.
To calculate the income to controlling stockholders it's necessary to subtracted at the end of the statement which they do not own.
Income Statement
Sales Revenue $ 402.000
Sales discounts -$ 7.830
Sales returns and allowances -$ 12.740
Net Sales $ 381.430
Cost of goods sold -$ 188.417
Gross Profit $ 193.013
Administrative Expenses -$ 80.660
Selling Expenses -$ 99.710
Other Income Rent Revenue $ 6.540
Net Income BEFORE Taxes $ 19.183
Interest Expenses -$ 13.260
Net Income BEFORE Taxes $ 5.923
Income Taxes -$ 28.702
Net Income -$ 22.779
Allocation to noncontrolling interest -$ 19.720
Income attributable to controlling stockholders -$ 62.219
